5-bedroom penthouse at AED23m

A 5-bedroom penthouse sold for AED23 million in The Address Residence Sky View in Downtown Dubai. Emaar Properties has sold 72 units in The Address Residence Sky View in Downtown Dubai, with a 5-bedroom penthouse selling for AED23 million, according to a media report.
The average selling price for the luxury residences were in the range of AED4,000 per square feet, according to the Arabic daily 'Al Khaleej'.
In March 2013, Emirates 24|7 reported Emaar had sold units (not the uppermost floors) in The Address Residence Sky View project at an average price of AED2,600 per square feet.
The Address Residence Sky View, a 50-storey hotel, residence and serviced apartment twin-tower complex, in Downtown Dubai is slated for completion in August 2016.
At a height of over 230 metres, the Sky View tower will have 532 serviced apartments fully-furnished with floor-to-ceiling windows and will be linked directly to the Dubai Metro and The Dubai Mall via a new air-conditioned travelator.
Spanning the tower complex will be a 'Sky Bridge', which includes a signature restaurant, ballroom, infinity pool with amenity deck that will offer 360-degree vistas of Downtown Dubai.